KATSINA: Chinese Investors Commit $150 Million to Transform Economy

Katsina State is set to benefit from a $150 million investment package by a Chinese consortium aimed at boosting agriculture, renewable energy, and industrial development, Governor Dikko Umaru Radda announced on Tuesday.

Our correspondent gathered from the Governor’s official X handle that the 25-member delegation, representing China Overseas Engineering Co. Ltd. (COVEC), visited the state on a three-day mission facilitated by the Nigerian Investment Promotion Commission (NIPC).

The agreement includes large-scale maize cultivation over 2,500 hectares at Sabke Dam, fisheries development on 380 hectares at Dabirang Dam, and the creation of a leather-processing factory alongside an agricultural research institute focusing on goat and cattle breeding.

The consortium will also partner with the Katsina Government to expand the Goat Breeding Centre at Ladanawa and develop the Katsina State Green Economic Zone.

Beyond agriculture, the Chinese investors have expressed interest in the energy sector, including establishing a solar products assembly plant to serve Nigeria’s growing demand for renewable energy solutions.

Governor Radda assured the investors of “full government backing” and urged them to move swiftly from planning to execution, emphasising that the partnership signalled growing international confidence in Katsina State’s economic prospects.